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AUD/USD Remains Above Support

AUD/USD Remains Above Support

Thomas Long, Course Instructor

Like the AUD/CAD, the AUD/USD has pulled back off of the highs but remains in an uptrend. The series of higher lows and higher highs continues off of the June lows. I would continue to look for buying opportunities as long as the pair remains above the .96505 low noted on the chart.

AUDUSD_body_72923d1290605191-trend-day-audusd-1124.png, AUD/USD Remains Above Support

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.